Discussing the Draft of Law on Credit Institutions (amended) and some recommendations

Abstract

Implementing the Resolution No. 33/2023/UBTVQH15 dated 17 March 2023, of the National Assembly Standing Committee on adjusting the 2023 Program on Developing Laws and Ordinances, the draft Law on Credit Institutions (amended) was submitted to the National Assembly in May 2023 with plan to be approved in November 2023. The article comments on the theoretical and practical bases, evaluates the draft of Law on Credit Institutions (amended), and makes ten recommendations for the improvement of the draft.